The currency pair US Dollar to Ruble USD/RUB continues to test the area of the lower border of the rising channel and at the moment there is a potential for rebound and continued growth in the area above the level of 58 rubles per US dollar.
Technical analysis and USD/RUB forecast on April 14, 2017
In favor of the growth of quotations of the dollar the ruble is the formation of an inverted model of the head and shoulders on the indicator of relative strength. The cancellation of the variant of pair growth will be the fall and breakdown of the area of 56.40, which will indicate the test of the local minimum area.
Technical analysis and USD/RUB forecast on April 14, 2017 suggests an attempt to rebound and continue growth in the area above the level of 58 rubles per US dollar as part of the development of the inverted Head and shoulders model on the relative strength indicator.
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